Morgantown median real estate price is $130,438, which is less expensive than 71.7% of Mississippi neighborhoods and 90.8% of all U.S. neighborhoods.
The average rental price in Morgantown is currently $1,220, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.8% of Mississippi neighborhoods.
Morgantown is a rural neighborhood (based on population density) located in Natchez, Mississippi.
Morgantown real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Morgantown neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Morgantown has a 15.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 80.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Morgantown neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.7% of all American neighborhoods.
Our research reveals that 89.2% of commuters who live in the Morgantown neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 96.4% of U.S. neighborhoods.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Morgantown neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Morgantown neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 57.6% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 95.2% of U.S. neighborhoods. Less time commuting means more time for other things in life.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the Morgantown neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.4% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Morgantown neighborhood in Natchez are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 90.9% of U.S. neighborhoods. With 40.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.8% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Morgantown neighborhood, 41.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (25.0%), and 11.0% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Morgantown neighborhood is English, spoken by 95.2% of households. Some people also speak Spanish (4.6%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Morgantown neighborhood in Natchez, MS, residents most commonly identify their ethnicity or ancestry as Irish (3.5%). There are also a number of people of Mexican ancestry (2.4%), and residents who report Sub-Saharan African roots (2.4%), and some of the residents are also of African ancestry (2.4%), along with some English ancestry residents (1.9%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Morgantown neighborhood spend under 15 minutes commuting one-way to work (57.6% of working residents), one of the shortest commutes across America.
Here most residents (89.2%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (10.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.